According to the reports India’s Reserve Bank of India is planning to bring back Rs. 1,000 note back in the market.

The government, under its demonetization move to curb the corruption as well as fake currency flow, the withdrawn the legal tender for two high denomination notes of Rs. 1,000 and Rs. 500 and had re-introduced the Rs. 500 note with full new look and had launched new Rs. 2,000 note.

However, since the decision came, people had faced issues while changing as well as getting change for Rs. 2,000 notes as the RBI distributed Rs. 500 notes later after the introduction of Rs. 2,000 notes.

Now RBI is thinking to lower down the tensions of people by re-introducing Rs. 1,000 notes. Although there is no confirmation over it, finance minister Arun Jaitley had earlier said that government has no plans to introduce Rs. 1,000 note in the near future.

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(Video Source: ABN Telugu)

By Prajakt K.